WOLVERINE WORLD WIDE INC /DE/ company info

CIK 110471
IRS Number 381185150
State of incorporation MI
Business address 9341 COURTLAND DR
None
ROCKFORD
MI
49351
Mail address 9341 COURTLAND DR
None
ROCKFORD
MI
49351

Short summary

WOLVERINE WORLD WIDE INC /DE/ is a Michigan company, with head office located at 9341 Courtland Dr Rockford, Michigan 49351. In 2017 the company owned a total of 2.42 billion USD worth of assets, including 1.02 billion USD worth of current assets. 2013 was the year when the company amassed the most assets.

WOLVERINE WORLD WIDE INC /DE/ Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Gross Profit 486.02431.72492.57556.75628.201,064.501,086.301,051.70959.90
Selling, General and Administrative Expense 345.18316.38347.50386.53482830815.20816758
Operating Income (Loss) 140.8485.62142.25170.20113.70192.30229.90201.10159.90
Interest expense 0.490.571.4014.60
Other Nonoperating Income (Expense) 0.840.181.37-0.28-0.300.50-1.703.303.50
Income Tax Expense (Benefit) 44.7623.7838.7645.6213.4026.7047.6041.4023
Net income 95.8261.91104.47123.2980.70100.40133.10122.8087.70

WOLVERINE WORLD WIDE INC /DE/ Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 76.0979.17110.12118.48156.60171232.40220.70221.70412.80342.70
Accounts Receivable, Net, Current 182.88183.22226.74235.20397.90434.30355.30312.60287.10294.50
Inventories 183.66170.77247.23243.90484.70459.80452.20439.30333.70338.80
Deferred income taxes 10.789.9413.2610.4527.6028.5028.2000
Property, Plant and Equipment, Gross 302.35305.90292.56297.20397.40417.80429.30454.60434.30410
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 224.35235.35215.82221.39248.70271.80292305.30284.20267.80
Goodwill 38.0639.8939.10457.80444.80436.50431.90427.20429.90
Other Assets, Noncurrent 27.803.872.8241.1056.3063.3065.1071.8067.9070.60
Total assets 667.76685.34833.50892.302,644.702,681.202,554.602,453.502,5002,418.70
Current assets 468.97484.74621.07675.301,122.701,1931,1081,020.501,092.501,020
Accounts payable 30.8343.0472.6060.80192.10165.90202.10172.90207.60141.70
Total current liabilities 151.53117.86162.47160.48365.60335.10391331389.30330.50
Long-term Debt, Excluding Current Maturities 1.090.4901,147.601,082.90776.30788.30758.70744.20
Long-term Debt 281,184.701,130.60832.50807.40804.80796.20
Deferred income taxes 240.10254.90219.30175153.80150.50
Common Stock, Value, Issued 62.4363.6864.8665.8267.40101.90104105.50105.80105.90
Retained Earnings (Accumulated Deficit) 673.71740.47837.92929.91687796905.50980.501,040.901,058.40
Accumulated Other Comprehensive Income (Loss), Net of Tax -37.56-47.39-33.76-73.81-82.40-6.30-55.90-57.30-78.50-73.70

WOLVERINE WORLD WIDE INC /DE/ Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 95.8261.91104.47123.2980.70100.40133.10122.8087.70
Depreciation 18.4615.9314.5114.8721.2037.8037.6033.1029.50
Amortization of Intangible Assets 6.5018.4015.7015.6014
Depreciation and amortization 15.9027.7056.2053.3048.7043.50
Deferred Income Tax Expense (Benefit) -0.04-7.85-4.307.68-4.20-27.80-19.10-26.70-5.80
Accounts receivable -3.42-9.8232.4724.80-15.1041.30-76.50-5.80-32.30
Inventories 39.20-44.5049.0828.1229.40-35.10-2.9068.80-110
Accounts payable -5.06-7.3321.67-7.055.90-26.5016.2052.90-50.40
Net Cash Provided by (Used in) Operating Activities 93.47168.6167.8778.8191.60202.30314.60215.50296.30
Payments to Acquire Property, Plant, and Equipment 24.1311.6716.3719.4014.9041.703046.4055.30
Payments to Acquire Businesses, Net of Cash Acquired 7.9501,225.9000
Net Cash Provided by (Used in) Investing Activities -28.26-22.30-17.04-22.58-1,246.10-44.70-34.80-50-38.40
Proceeds from Issuance of Long-term Debt 01,2757750450400
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 11.501.1000-0.10
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 11.501.1000-0.10
Payments for Repurchase of Common Stock 76.136.5752.1967.392.400.80092.6052.70
Payments of Ordinary Dividends, Common Stock 20.7621.5021.4122.7423.6023.702424.4023.50
Net Cash Provided by (Used in) Financing Activities -39.46-79.24-59.15-62.301,183.40-112.80-270.40-187.30-79.50
Cash and Cash Equivalents, Period Increase (Decrease) 13.4270.94-10.04-10.3931.4042.809.60-29.70175.70